#Amc reddit for free#
#Amc reddit movie#

Short-sellers rushing in to hedge their bets and cover their positions are keeping Reddit’s stocks soaring with no signs of stopping.

#Amc reddit for free#

Who needs high-paid Wall Street analysts when you can get stock tips for free on Reddit?Īlthough the hive mind of WSB poses some real dangers of a bubble mentality, there’s no arguing with their success.

No-fee apps like Robinhood democratize access to financial markets. I just held my 500 shares of it when I bought it for 3 bucks. I forgot I had my AMC from when the first craze happened back in Feb. The reason GameStop, AMC, BlackBerry and a bunch of other stock picks from the WSB group are soaring is because the way people trade stocks has changed dramatically. Invested all my savings into AMC Wish me luck guys. That’s why this Reddit saga isn’t just about fundamentals. With malls dying across the world, those fundamentals aren’t about to change - and certainly haven’t changed so dramatically in the past few days and weeks to send its stock soaring nearly 700%. It was struggling before the pandemic, as video games went digital and Amazon began eating into its market share. ( Source) AMC was the most mentioned stock ticker on Twitter in 2021. ( Popcorn source) AMC was the top gaining stock of 2021, with +1,239.8. Also, video games are a hot commodity in the stay-at-home era, particularly after the launches of the PlayStation 5 and Xbox Series X.īut GameStop faces many of the same problems that other retailers face. AMC is also getting into its own popcorn business outside of theaters, and 2022 will no doubt be a great fundamental boost to the company. Similarly, GameStop may have been oversold and due for a comeback: Investors on social media had been arguing that GameStop was seriously undervalued and cheered earlier this month when the company added Chewy founder Ryan Cohen, who has been pushing a digital overhaul, to its board. titles simultaneously in theaters and on HBO Max.

#Amc reddit movie#

That’s a bold bet - blockbusters like the new James Bond movie keep getting pushed back, and CNN parent company WarnerMedia pledged to release all of its Warner Bros. AMERICAN MOTORS CORPORATION A place for any owners (hobbyists and collectors alike) as well as anybody with general interest (long time fans or just curious onlookers) to come and discuss, share, and inquire freely about anything related to the strong line of American Motors vehicles. Last year, the company said it doubted its ability to stay in business.īut AMC’s CEO told CNN Business Tuesday he is now hopeful (after an influx of cash) that the company can ride out the pandemic until people are ready go back to theaters. AMC wasn’t exactly a top performer before the pandemic, and the massive drop-off in theater attendance over the past 10 months sent it scrambling for cash. AMC is struggling financially - just like GameStop - and is a favorite stock of short sellers. Shares of AMC Entertainment Holdings a company popularized by a meme stock frenzy on Reddit about two years ago surged 23 to 7.